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we're back with dan henninger, mary anastasia o'grady and dan moore. mary explain the slow growth and the markets. >> if respect to the markets, i would say if you look at a chart for, for example, the s&p 500, you go back to april of 2011 to october of 2012. you're basically flat. there's a lot of churning up and down, but in the last months a pickup there and certainly, from the end of -- from the beginning of this year we saw a run on the market, but you don't have a great return if you're a long-term investor. >> paul: right, so, okay, if growth is still slow, okay, why are-- and some people are still investing in companies and the corporate balance sheets earnings have been pretty good, you know, they've cleaned out a lot of the debt from the crisis. could we be poised here for faster growth going forward? >> well, i think one of the things that explains why the corporate sector is doing well is because they basically have access to money at zero interest rates. that's not true for the broader population and not true for a lot of small businesses,
we're back with dan henninger, mary anastasia o'grady and dan moore. mary explain the slow growth and the markets. >> if respect to the markets, i would say if you look at a chart for, for example, the s&p 500, you go back to april of 2011 to october of 2012. you're basically flat. there's a lot of churning up and down, but in the last months a pickup there and certainly, from the end of -- from the beginning of this year we saw a run on the market, but you don't have a great return...
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he is joined today by a very wonderful long time friend, dan and sharon miller, from maine. i also think of my family without whom none of this would be possible. often joke the secret to my electoral success is coming from a large extended family. some of them started on campaigns that burst -- at birth. they have been there for the struggles of the well as the celebration then i find them from the bottom of my heart. it is hard to serve at what -- at this level so long without such a dedicated staff and i have had 400 people have made such a difference for me, for man, for washington. we have had tremendous support for the inviable efforts on the part of my staff and the extraordinary events of more than three decades. they have represented the very best and brightest the nation has to offer and they are here today in the back of the chamber and up in the gallery. i applaud them time and time again. we have a wonderful reunion of all of my staff and i realized it simply would not have been possible to go on this legislative journey without them. to my staff in maine, who h
he is joined today by a very wonderful long time friend, dan and sharon miller, from maine. i also think of my family without whom none of this would be possible. often joke the secret to my electoral success is coming from a large extended family. some of them started on campaigns that burst -- at birth. they have been there for the struggles of the well as the celebration then i find them from the bottom of my heart. it is hard to serve at what -- at this level so long without such a...
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Dec 30, 2012
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captioned by the national captioning institute ---www.ncicap.org--- >> this is a wbal-tv 11 editorial with dan joerres. >> as we come to the close of another year, we think of our loved ones who are sacrificing their lives for our liberty and pursuit of happiness. we take our regularly scheduled editorial time to share greetings from those in the military to families in maryland. they will also be available on wbaltv.com, click on editorials. from the wbal-tv 11 family to yours, happy holidays. >> i'm dale inman from edgewater, maryland, and i wish happy holidays to my family whom i love very much. happy holidays from kabul, afghanistan. >> i'm mark schaffer from annapolis, maryland. like to send my love to jennifer, my son, kai, my daughter, dana, mom and dad, seasons greetings from kabul, afghanistan. >> i'm michelle carter from kabul, afghanistan. special holiday greeting in baltimore, maryland, to jasmine, howard, friends and family in aberr deem, maryland, baltimore, and a shout out to the ravens.
captioned by the national captioning institute ---www.ncicap.org--- >> this is a wbal-tv 11 editorial with dan joerres. >> as we come to the close of another year, we think of our loved ones who are sacrificing their lives for our liberty and pursuit of happiness. we take our regularly scheduled editorial time to share greetings from those in the military to families in maryland. they will also be available on wbaltv.com, click on editorials. from the wbal-tv 11 family to yours,...
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representative barney frank, david dryer and dan burton from the house, joe lieberman, olympia snow and ben nelson will join 21 members of the house and five other members of the senate in hanging up their congressional careers. 2012 also marked a milestone in implementation of president obama's health care law. in a 5-4 decision back in june, the u.s. supreme court ruled the major crux of obama care the individual mandate is indeed criminal constitutional. >> happy and pleased. >> the decision was the result of lawsuits brought by 26 state attorneys general against the federal government who claimed mandated participation was violation of american's freedom. >> republicans won't let up whatsoever in our determination to repeal this terrible law. >> the justices heard arguments from both sides in a record setting three-day hearing back in march. at the time it was unclear which way the justices were leaning as both conservative and liberal justices seemed to question its validity. >> do you not have a heavy burden of justification to show authorization under the constitution? >> purchas
representative barney frank, david dryer and dan burton from the house, joe lieberman, olympia snow and ben nelson will join 21 members of the house and five other members of the senate in hanging up their congressional careers. 2012 also marked a milestone in implementation of president obama's health care law. in a 5-4 decision back in june, the u.s. supreme court ruled the major crux of obama care the individual mandate is indeed criminal constitutional. >> happy and pleased. >>...
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host: for those listening on c-span radio, we're talking with dan, a financial communications national director with corviss communications, and also a columnist for roll call and former staffer for a number of democratic members in the house and senate. and joshua gordon, concord coalition policy director. we're taking your calls and tweets and e-mails. up next, she willy from minnesota on the republican line. good morning. caller: good morning. i think some of the major problems that we have is we keep electing senators and congressmen who are not economists. so who really know nothing about the economy but know a lot about the legal fin angling that lawyers do. making more policy to fix policies that end up causing more problems in the first place. that's number one. number two, we have so many in the media columnists, any news people, a number of those who are also not economists. they're not really understanding the issues at the core. and we do have a spending problem. and until we really come to grapple with that and we don't educate the people the spending is indeed the problem
host: for those listening on c-span radio, we're talking with dan, a financial communications national director with corviss communications, and also a columnist for roll call and former staffer for a number of democratic members in the house and senate. and joshua gordon, concord coalition policy director. we're taking your calls and tweets and e-mails. up next, she willy from minnesota on the republican line. good morning. caller: good morning. i think some of the major problems that we have...
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>> this is a wbal-tv 11 editorial with dan joerres. >> as we come to the close of another year, we think of our loved ones who are sacrificing their lives for our liberty and pursuit of happiness. we take our regularly scheduled editorial time to share greetings from those in the military to families in maryland. they will also be available on wbaltv.com, click on editorials. from the wbal-tv 11 family to yours, happy holidays. >> i'm dale inman from edgewater, maryland, and i wish a happy holidays to rich, grace, win, pearson. >> i'm mark schaffer from annapolis, maryland. i send my hov to jennifer, kai, dana and mom and dad. >> michelle carter, a shout out from kabul, eaven. afghanistan. i would also like to shout out to my number one team, the baltimore ravens. >> you're watching wbal-tv 11, live, local, late breaking. this is 11 news sunday morning. >> good morning, welcome to 11 news sunday morning. i'm jennifer franciotti. lisa has the day off. we'll get to our top stories but first a check outside with ava. we got snow out our way yesterday. >> another one to three inches fell in
>> this is a wbal-tv 11 editorial with dan joerres. >> as we come to the close of another year, we think of our loved ones who are sacrificing their lives for our liberty and pursuit of happiness. we take our regularly scheduled editorial time to share greetings from those in the military to families in maryland. they will also be available on wbaltv.com, click on editorials. from the wbal-tv 11 family to yours, happy holidays. >> i'm dale inman from edgewater, maryland, and i...
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we are back with dan and mary and steve moore. mary, explain this seeming contridiction between slow growth and buoyant markets. >> first of all with respect to the markets, i would say that if you look at a chart of for example, if you go back to say april of 2011 until october of 2012, you arke basically flat. there has been a lot of churning up and down. the s&p 500 index was a lot higher. in the last few months we have seen a little pick up there. certainly from the end of -- from the beginning of this year you saw a run in the market. you don't have a great return if you are a long-term investor. >> okay. but if growth is still slow, and some people are still investing in p cs. the corporate balance sheet earnings have been pretty good. they have cleaned out a lot of the debt from the crisis. could we be poised here for faster growth going forward? >> i think one of the things that explains why the corporate sector is doing well is they have access to money at 0 interest rates. that's not true for the broader population and n
we are back with dan and mary and steve moore. mary, explain this seeming contridiction between slow growth and buoyant markets. >> first of all with respect to the markets, i would say that if you look at a chart of for example, if you go back to say april of 2011 until october of 2012, you arke basically flat. there has been a lot of churning up and down. the s&p 500 index was a lot higher. in the last few months we have seen a little pick up there. certainly from the end of -- from...
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Dec 30, 2012
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all the best, all the worst continues. ky had no idea why dan was gone for so long... ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. >>
all the best, all the worst continues. ky had no idea why dan was gone for so long... ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. but i'm still stubbed up. [ male announcer ] truth is, nyquil...
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if you go back to to the tape when lloyd benson and dan quayle were asked about it, they both said, yeah, that will be a problem, we should do something about it. here we are, 24 years later and it doesn't even get a mention in any of the debates. >> i have another video assist, the worst move, the worst decision of the campaign was to do what you're about to see at the republican convention. >> oh. >> i just wondered -- all of these promises, and then i wondered about -- you know, when -- the -- what do you want me to tell romney? i can't tell him to do that. can't do that to himself. you're absolutely crazy. >> up next, the rising star of 2013. and the best and worst political theater of the presidential campaign. and of course, biggest winner, biggest loser, person of the year. and the donald trump award. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicode
if you go back to to the tape when lloyd benson and dan quayle were asked about it, they both said, yeah, that will be a problem, we should do something about it. here we are, 24 years later and it doesn't even get a mention in any of the debates. >> i have another video assist, the worst move, the worst decision of the campaign was to do what you're about to see at the republican convention. >> oh. >> i just wondered -- all of these promises, and then i wondered about -- you...
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. >> reporter: if peck served in vietnam, he would have ended up like the character lieutenant dan from the movie forest gump, angry and alone. ironically, it was a group of residents from buford, south carolina, where that hollywood tale was shot and a former new york firefighter who impersonates elvis who raised the money that allowed peck to have this wheel chair that costs $15,000 cost $15,000. >> that guy needs help 24 hours a day. basically, he can't do anything for himself. >> i brush my teeth and take care of what i need to do and i have my prosthetic arm o i mean,ky make meal error errors for the most part and feed myself. just because we're injured, doesn't mean we're not capable of doing things. >> this is the second time he received a generous gift this past month, he moved into a smart home in fredericksburg. the kitchen singe is mounted at his level, the cabinets move and the bathroom is motion- sensorred, thanks to the gary sinise and tunnel to tower foundation. >>> still ahead, he's a live look outside of the district tonight. we have a rain-snow mix today. what is in st
. >> reporter: if peck served in vietnam, he would have ended up like the character lieutenant dan from the movie forest gump, angry and alone. ironically, it was a group of residents from buford, south carolina, where that hollywood tale was shot and a former new york firefighter who impersonates elvis who raised the money that allowed peck to have this wheel chair that costs $15,000 cost $15,000. >> that guy needs help 24 hours a day. basically, he can't do anything for himself....
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>> yeah, we are working together with dan's family. we're all working closely. this is a nationwide response. we're looking across the country for dan and the kids to bring them home safely. and your mom and your uncles and your family out west are fully participating. >> this is a facebook page. what is it? >> this is a facebook page we started yesterday. >> what is the address? >> help find ben and henry cleary. and there is over 6,000 hits today. this is where we're posting all the updates. we're on it 24 hours a day, posting updates, new pictures and clues about where they might be. and there is also a twitter. and i believe -- is that up? >> do you know the address? i'll make sure, i put it out on twitter, as well, and i'll put it on facebook, as well, all right? >> and i'll give the twitter address, in just a second. >> so dan, it is palpable, everyone here in the studio can feel it. this mother is in pain. bring the kids home. just do the right thing, man. good luck. >> thank you very much. >> god bless you, all right, and come back and we'll talk about t
>> yeah, we are working together with dan's family. we're all working closely. this is a nationwide response. we're looking across the country for dan and the kids to bring them home safely. and your mom and your uncles and your family out west are fully participating. >> this is a facebook page. what is it? >> this is a facebook page we started yesterday. >> what is the address? >> help find ben and henry cleary. and there is over 6,000 hits today. this is where...
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host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. congress appropriates funds. we can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago. i did give money for it. i have never heard how much they made. they must have made a lot of money. it was on from 8:00 until midnight or something. i have not heard a word about it since then. they should have made a few million dollars anyway. do you know what happened to that? that is my question. host: when you are watching a concert, who was your favorite art? caller: bruce springsteen. mick jagger is certainly a character. host: do efforts like that concert, does it show there is an increased need f
host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. congress appropriates funds. we can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two...
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frankly, i wish we had a few more dealmakers around and people like dan rostenkowsky and the late jack brooks when he was chairman of the judiciary committee. we need a few more people like that who know how to get thins done. unfortunately, we're in short supply right now. >> david, is john boehner's role -- has his role been diminished? >> no. i mean, look, what you have is a situation, i think what's clearly occurred here has been the house passed bills in terms of being able to avert this fiscal cliff, the senate has had difficulty in managing those bills and as a result of that harry reid ended up passing a completely different bill rather than taking up what could have been to get us into the traditional process and then they get to the congress where they get to negotiate and for some reason i don't understand why reid didn't pick up the two bills and simply pass them and amend them the way we wanted so we can get the congress. i'm sort of befuddled by that. >> that's a good point. jonathan allen raised an interesting point and it speaks to what you just said as well, david. thi
frankly, i wish we had a few more dealmakers around and people like dan rostenkowsky and the late jack brooks when he was chairman of the judiciary committee. we need a few more people like that who know how to get thins done. unfortunately, we're in short supply right now. >> david, is john boehner's role -- has his role been diminished? >> no. i mean, look, what you have is a situation, i think what's clearly occurred here has been the house passed bills in terms of being able to...
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if dan akroyd can't help them, nobody can help them. they've got to pay the landlord or break the lease and let the landlord relet it to someone else. that invisible hand was the hand trying to regulate market conditions. got lost in new jersey. >> the only haunt is the judgment. >> do you think someone's going to rework the fine print and say also this includes ghosts, paranormal activity, or anything that goes bump in the night? no they'll do it on your lease, marty. all right. let's move on to another one, which is public nudity, which is always a favorite subject for just about anybody. of all places in san francisco because we look at san francisco i think as the home of the whole flower child movement. and the board of supervisors there voted to ban nudity. a city supervisor introduced the ordinance because he said residents and business owners were complaining about people walking around naked. and under the new policy you have to keep your clothes on in restaurants, public transportation, streets and sidewalks. so this seems pre
if dan akroyd can't help them, nobody can help them. they've got to pay the landlord or break the lease and let the landlord relet it to someone else. that invisible hand was the hand trying to regulate market conditions. got lost in new jersey. >> the only haunt is the judgment. >> do you think someone's going to rework the fine print and say also this includes ghosts, paranormal activity, or anything that goes bump in the night? no they'll do it on your lease, marty. all right....
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dan and i were way back away from them. there was a real between us. they cannot hear what i said to him. i said, tell the s.o.b. i don't trust him. he said they would run both of us out there. his son is a very fine young man, did a wonderful job as vice chairman of this committee. we will miss the young man. how do you lose a guy like jeff cravaack? very knowledgeable, fought for everything that was right. he served with me on -- i believe we served together on the transportation committee. is lynn here yet? she is not here. brad miller of north carolina. i have learned something from him, several things. he goes back to one of the better law practices in north carolina. all my folks from cannon mills, kannapolis. you are done enough to come back. i wish you well. -- young enough to come back. i wish you well. and hansen clarke. he was a great guy. it was an honor to serve on this committee with all of you. no matter what they go to next, there will always be friends and colleagues. miss johnson, i think you again for yielding back. at this time, i w
dan and i were way back away from them. there was a real between us. they cannot hear what i said to him. i said, tell the s.o.b. i don't trust him. he said they would run both of us out there. his son is a very fine young man, did a wonderful job as vice chairman of this committee. we will miss the young man. how do you lose a guy like jeff cravaack? very knowledgeable, fought for everything that was right. he served with me on -- i believe we served together on the transportation committee....
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host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. funds.s appropriate ss can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago. i did give money for it. i have never heard how much they made. they must have made a lot of money. it was on from 8:00 until midnight or something. i have not heard a word about it since then. they should have made a few million dollars anyway. do you know what happened to that? that is my question. host: when you are watching a concert, who was your favorite art? caller: bruce springsteen. mick jagger is certainly a character. host: do efforts like that concert, does that increase the need -- does it show there
host: dan friedman? guest: the president proposed an aid package that is pretty much the same as the one the senate passed, with some amendments. i think the president and congress are the ones spending the money. funds.s appropriate ss can criticize or praise them together for this package. we will see if the house does pick it up in the next few days. host: next up is mary lou on the line for independents. caller: i watched the special program they had with the rock stars about two weeks ago....
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om omnivera unseated dan lundgren in his second bite at that apple. in an interesting example of how the top two primary system is going to change things going forward in california, we said good-bye to the dean of our congressional delegation, dean stark, as he was unseated by a fellow democrat, representative-elect herb swolo. >> i want to ask you you about the ethnic shift you mentioned. seemed to me the last 30 or 40 years, the republican has had a reliable model, the southern strategy, where you have to win roughly 60% of the white vote, mostly older, appealing to, you know, certain issues, gun control, abortion issues, things like that. but as the percentage of the vote has changed, going from, you know, 90% was white in 1980 that voted for president and now it was 72%, is there any way for the republicans to continue using that strategy going forward, or are they going to have to literally start from scratch because there aren't enough older, southern white people anymore for them to win the election? >> i think older's a big piece of it, becau
om omnivera unseated dan lundgren in his second bite at that apple. in an interesting example of how the top two primary system is going to change things going forward in california, we said good-bye to the dean of our congressional delegation, dean stark, as he was unseated by a fellow democrat, representative-elect herb swolo. >> i want to ask you you about the ethnic shift you mentioned. seemed to me the last 30 or 40 years, the republican has had a reliable model, the southern...
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adam: let me bring dan back in here. dan, i want to ask you, raising taxes only raises $80 billion at best in a budget almost a trillion dollars over budget. so what do you to fix that problem? >> all we have to do to balance the budget in 10 years limit the growth of government spending so that the budget climbs by an average 2.5% a year. in my mind, this isn't about the short term because whatever speed bump we go over we're going to go over. in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan,
adam: let me bring dan back in here. dan, i want to ask you, raising taxes only raises $80 billion at best in a budget almost a trillion dollars over budget. so what do you to fix that problem? >> all we have to do to balance the budget in 10 years limit the growth of government spending so that the budget climbs by an average 2.5% a year. in my mind, this isn't about the short term because whatever speed bump we go over we're going to go over. in the long run that is what i'm worried...
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we are a dime by dan faymann. live at seven easton on c-span. >> next, an engineer and entrepreneur in the aerospace community, contrasts today's space program to the pioneering days of space -- space exploration days ago and talked about the history of manned space flight. he designed spaceship one that completed the first manned private space flight in 2004. the voyager aircraft in 1986 became the first airplane to fly nonstop around the world without refueling. this is about an hour and a half. >> i am going to talk about meanly two things. there is inspiration. inspiration for our kids so they can be innovative. and i am going to talk a lot about manned space flight. we are on the space coast, i guess, right? we will talk quite a bit about the history of manned space flight. pretty much that. i really welcome your questions when i am done. my first job out of college was a government job. i worked for the air force. flight testing airplanes during the vietnam war. i did that for seven years. it was a wonderful
we are a dime by dan faymann. live at seven easton on c-span. >> next, an engineer and entrepreneur in the aerospace community, contrasts today's space program to the pioneering days of space -- space exploration days ago and talked about the history of manned space flight. he designed spaceship one that completed the first manned private space flight in 2004. the voyager aircraft in 1986 became the first airplane to fly nonstop around the world without refueling. this is about an hour...
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we will be joined by dan friedman. "washington journal" alive at 7:00 a.m. eastern on c-span. >> as president obama begins his second term in office, what is most important issue he should consider for 2013? >> make a short video about your message. >> it is the student can video competition with your chance to win the grand prize of $5,000. 50,000 total prices. that deadline is january 8th. for more information, go to studentcam.org. >> retired general norman schwarzkopf, commander of forces in desert shield and desert storm died. he commanded a u.s.-led coalition which drove forces under saddam hussein out of kuwait. george is to be bush said that the general epitomized the to become a service, a country creed that has defended the country's freedom and the defense secretary described the four-star army general as one of the great military giants of the 20 century. next, an interview with the retired general on his autobiography. >> general norman schwarzkopf author of "it doesn't take a hero." "almost every soldier in -- almost every general in desert shi
we will be joined by dan friedman. "washington journal" alive at 7:00 a.m. eastern on c-span. >> as president obama begins his second term in office, what is most important issue he should consider for 2013? >> make a short video about your message. >> it is the student can video competition with your chance to win the grand prize of $5,000. 50,000 total prices. that deadline is january 8th. for more information, go to studentcam.org. >> retired general norman...
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the next dan may 4, 1961, we left washington, traveled from here on our way to new orleans. the first incident occurred in charlotte, north carolina. back in 1861, but he floodway people couldn't be seated together on a greyhound bus. could you share the same weight room come the same restroom facilities. segregation was the order of the day. the charlotte, north carolina in may 1961, young african-american man entered the so-called white waiting room. he went into the waiting room and later into the barbershop and tried to get shoeshine. he was arrested and taken to jail. the next day, went to trial in the jury dismissed the charges against him. on that same afternoon, a young white gentleman by the name of avid hello, wonderful man from connecticut. the two of us try to entry so-called white waiting room. we were met by a group of young men who beat us the leftist lane in a pool of blood. a local authorities came up and wanted to know whether we wanted to press charges. we said no, we believe in peace and love and nonviolence. that was may 9, 1961. in february on nine, les
the next dan may 4, 1961, we left washington, traveled from here on our way to new orleans. the first incident occurred in charlotte, north carolina. back in 1861, but he floodway people couldn't be seated together on a greyhound bus. could you share the same weight room come the same restroom facilities. segregation was the order of the day. the charlotte, north carolina in may 1961, young african-american man entered the so-called white waiting room. he went into the waiting room and later...
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Dec 29, 2012
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dan, good to have you here. walk me through this math. you're saying the average american is going to put 54% less into savings this year because if we go over the fiscal cliff? explain. >> yeah. let's go back, michelle because the amount of taxation on an average household is effort mated at $2600, and right now the average savings -- bank savings per household is $5,000. so, yes, this would reduce the amount available for savings by more than half. >> when taxes have gone down, have you seen a subsequent rise in savings and what people put away? >> absolutely. this is the analysis that they did, they compared the two before the tax cuts and after the tax cuts and we saw two things, overall deposits in banks doubled during the tax cut period since 2001 from $4 trillion to $8 trillion. so there was a doubling of the amount of money that consumers deposited in banks and on the levels, as i mentioned before increased from about $2500 a year average to about $5,000. >> it's not that savings will decline. it just will not grow as fast as it c
dan, good to have you here. walk me through this math. you're saying the average american is going to put 54% less into savings this year because if we go over the fiscal cliff? explain. >> yeah. let's go back, michelle because the amount of taxation on an average household is effort mated at $2600, and right now the average savings -- bank savings per household is $5,000. so, yes, this would reduce the amount available for savings by more than half. >> when taxes have gone down,...
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Dec 28, 2012
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. >>> you don't need to know the president if you want to dan dance at his ball. the presidential inaugural committee has announced plans to to make a limited number of tickets available to the public. people who would like to request tickets can sign up on the website, that is 2013pic.org. those who sign up can question to two tickets on a first come/first served basis. those tickets will cost you $60, which is not bad to maybe get to hang out with the pres and first lady. >>> we're -- you came just at the right time. >> right when the redskins got hot. >>> coming up in sports, two quarterbacks will play key roles in sunday's game. how they plan to stop tony romo. >>> and what are robert griffin iii's college more when "news4 t 6" continues. >>> hello. welcome back. it's a pretty nice night tonight. on the cold side, but not bad. 38 degrees, the clouds starting to move back in. winds out of the north at 6 miles an hour. it's a chili night, but once again not too bad for a friday evening. 34 in leesburg, down to 30 in gaithersburg. the temperatures are already set
. >>> you don't need to know the president if you want to dan dance at his ball. the presidential inaugural committee has announced plans to to make a limited number of tickets available to the public. people who would like to request tickets can sign up on the website, that is 2013pic.org. those who sign up can question to two tickets on a first come/first served basis. those tickets will cost you $60, which is not bad to maybe get to hang out with the pres and first lady....
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Dec 28, 2012
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dan hellie has the story in this week's "redskins rewind." >> reporter: january 22nd, 1938. 1983, crushing the cowboys. tom landry and his dallas cowboys were in town for the nfc championship just after american express released a new commercial featuring the most famous man in texas. >> you never know when you're going to be surrounded by a redskin. >> reporter: first quarter, and the redskins are charging. joe theismann over the middle of charlie brown. fielding the punt, but it's closing too fast. very, very briefly. that's all i needed. skins ball at the spot of the dropped punt. john riggins, diesels his way in from one yard out. skins lead 14-3. and the hits keep on coming. 32 seconds left in the half. dallas quarterback danny white dropped back and dexter manly drops him to the turf, and out of the game. >> all day we've been running that play. i kept telling coach, hey, it's wide open, it's clean. they couldn't pick it up, because i was throwing pat donovan off. i thought it was going to eventually work. gary hogue aboom kept them in it. just under seven minutes remaining when darr
dan hellie has the story in this week's "redskins rewind." >> reporter: january 22nd, 1938. 1983, crushing the cowboys. tom landry and his dallas cowboys were in town for the nfc championship just after american express released a new commercial featuring the most famous man in texas. >> you never know when you're going to be surrounded by a redskin. >> reporter: first quarter, and the redskins are charging. joe theismann over the middle of charlie brown. fielding...
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Dec 28, 2012
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dan ab dunked him. everything came off. >> notice a theme. everything you're so happy about. beckel. >> eric: yeah. >> he's suffering. >> eric: a great time with you this year, too. we had fun. what do you make of it coming down from d.c. and hanging out with us? >> juan: the emotional quotient is so high. it's so different than doing news from d.c. there we are focused on what is happening. but here, you guys actually, you know you step back. and you laugh at it. i think that is totally cool. i just think in fact it makes the show a success, so much fun to watch. >> andrea: i think you are saying that we're more fun than bret baier from "special report." >> juan: that is it. all of my buddies -- >> krauthammer. >> we're a good time. just good time girl. >> eric: they are smart. >> juan: no, i'm just telling you -- conspiracy theories, i would never otherwise be exposed to. i can come here. >> try to make you happy. >> andrea: quit while you're ahead. >> juan: really. >> eric: what do you -- >> what do i make out of this whole thing? >> i want to take today to say i'm here fo
dan ab dunked him. everything came off. >> notice a theme. everything you're so happy about. beckel. >> eric: yeah. >> he's suffering. >> eric: a great time with you this year, too. we had fun. what do you make of it coming down from d.c. and hanging out with us? >> juan: the emotional quotient is so high. it's so different than doing news from d.c. there we are focused on what is happening. but here, you guys actually, you know you step back. and you laugh at it....
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Dec 29, 2012
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we will be joined by dan freed iedman. all that beginning at 7:00 a.m. eastern here on c-span. ♪ >> if we turn away from the needs of others, we align ourselves with those forces which are bringing about this suffering. >> the white house is a bully pulpit and you ought to take advantage of it. >> obesity is nothing short of a public health conference. >> i think i had little antennas go up that told me when somebody had there an agenda. >> it would be a shame to waste it. >> i think they serve as a window on the past to what was going on with american women. >> she becomes the chief confidante, really any way the only one in the world he could trust. >> they were writers, journalists, they wrote books. >> they are in many cases more interesting as human beings than their husbands. if only because they are not first and foremost defined and limited by political ambition. >> dolly was socially adept at politically savvy. >> dollar madison loved every minute of it. mrs. monroe he did it. >> they cannot rule without including what women want and what wome
we will be joined by dan freed iedman. all that beginning at 7:00 a.m. eastern here on c-span. ♪ >> if we turn away from the needs of others, we align ourselves with those forces which are bringing about this suffering. >> the white house is a bully pulpit and you ought to take advantage of it. >> obesity is nothing short of a public health conference. >> i think i had little antennas go up that told me when somebody had there an agenda. >> it would be a shame to...
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Dec 28, 2012
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they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it o
they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans...
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Dec 28, 2012
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our hearts obviously are with irene and dan's son ken now. dan had an awesome legacy and always will, a legacy of characteristic, of honor, and of service. and so i say, dan, thank you for what you have shared with each of us and for the life of service you gave to this country and your state that you loved so very much. i thank the presiding officer and yield the floor. mr. mccain: mr. president? the presiding officer: the senator from arizona. mr. mccain: mr. president, i want to thank the senator from west virginia for his deeply moving and heartfelt sentiments concerning our dear and departed comrade, no senator inouye, a mn so unique that never again will the senate of the united states of america see his like again. i thank the senator from west virginia for his very important and moving tribute. mr. president, i ask unanimous consent to pull amendment number 3355. -- to call up amendment number 3355. the presiding officer: without objection, the clerk will report. the clerk: mr. mccain proposes amendment numbered 3355. the presiding of
our hearts obviously are with irene and dan's son ken now. dan had an awesome legacy and always will, a legacy of characteristic, of honor, and of service. and so i say, dan, thank you for what you have shared with each of us and for the life of service you gave to this country and your state that you loved so very much. i thank the presiding officer and yield the floor. mr. mccain: mr. president? the presiding officer: the senator from arizona. mr. mccain: mr. president, i want to thank the...
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dan, thanks very much. >> thanks for having me. jon: so as we count down to those year-end tax hikes and spending cuts that will affect the lives of virtually every single american, why one key republican lawmaker says his party is not even trying to solve the fiscal cliff crisis and why he thinks that may be a good thing. interesting take coming up. >>> plus, russian president vladmir putin, have you heard what he did? taking aim at americans who hope to adopt russian children. what's behind this controversial move? a live report next. jon: right now syria's opposition leader is rejecting an invitation for peace talks as the violence escalates. the country's ally, russia, is inviting the leader of syria's opposition to visit moskow for the first time but that offer turned down. some interesting developments here. let's get them from leland vittert live in our mideast bureau. leland? >> reporter: jon, no one really views russia as an honest broker here especially the rebels who for so long seen russia side with pat assad in this co
dan, thanks very much. >> thanks for having me. jon: so as we count down to those year-end tax hikes and spending cuts that will affect the lives of virtually every single american, why one key republican lawmaker says his party is not even trying to solve the fiscal cliff crisis and why he thinks that may be a good thing. interesting take coming up. >>> plus, russian president vladmir putin, have you heard what he did? taking aim at americans who hope to adopt russian children....
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Dec 28, 2012
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joining us is president and ceo of shaver asset management dan shaffer. good to have you on this friday, big day for the market. all these talks, i noticed movement in bond prices. in the currency market, what is your technical analysis telling you about these? >> the setup seems to be there is winding of speculation. i follow the commitment of traders report every friday afternoon by the cftc and the government and tell you who is on what side of the market so we're looking at speculator is being more of the bullish crowd where commercials or hedgers and these are the traders that are not neutral. they are not speculating. they hold on the other side the other side of the trade in the cash market so we are looking at the currency market in particular, they are setting up for a strong u.s. dollar rally where they are heavily short of the british pound and the australian dollar and swiss franc, getting some movement. shibani: it is clear it is a set up but what is the cat was to cash in on this? >> the catalyst no matter what the response is out of washing
joining us is president and ceo of shaver asset management dan shaffer. good to have you on this friday, big day for the market. all these talks, i noticed movement in bond prices. in the currency market, what is your technical analysis telling you about these? >> the setup seems to be there is winding of speculation. i follow the commitment of traders report every friday afternoon by the cftc and the government and tell you who is on what side of the market so we're looking at speculator...
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Dec 28, 2012
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abc's dan harris has the story. >> reporter: of all the absurd things we do for our pets, the massages, the themed birthday parties, the treadmills, the high-end couture. the paris hilton $325,000 doghouse. >> inside is moldings and lighting and heat and air conditioning. >> reporter: of all of the over-the-top pampering, this picture, at first glance at least, struck me as the apex of this particular brand of mania. this doe-eyed little pooch is staring into an artificial sunlight generator, in case he's getting depressed from lack of sun exposure. it's made by a company called pawsitive lighting. then, i heard of the inventor. he was suffering from a severe case of insomniinsomnia. max's doctor told him to use a bright box to counter the gloomy days. it worked. not only on max, but on his golden retriever, luke. >> luke and i were basking in the sun. and he was completely drawn to the light. >> reporter: max did research. and a lot of vets say pets may be getting seasonal affective disorder. a condition that causes depression in humans. and in animal, may lead to lethargy, lack of ap
abc's dan harris has the story. >> reporter: of all the absurd things we do for our pets, the massages, the themed birthday parties, the treadmills, the high-end couture. the paris hilton $325,000 doghouse. >> inside is moldings and lighting and heat and air conditioning. >> reporter: of all of the over-the-top pampering, this picture, at first glance at least, struck me as the apex of this particular brand of mania. this doe-eyed little pooch is staring into an artificial...
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Dec 28, 2012
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. >> this is a dan westbound lane daly city. >> a developing story that we are following this morning. three homicides in oakland overnight. the first was a double shooting on the 800 block of mead ave in west oakland. that happened around 1 this morning. police are still on the scene investigating. at 230, a stabbing on the 5800 block of walnut street. >> this video was shot at 5:45 a.m.. i spoke with a witness and he stated that he looked out of his window and he sought to sets of vehicles pulled up. he stated that the car had four men inside. he stated that the four men walked up to two men were sitting in front of a house and then they fired a few rounds. they looked around just to evaluate the scene and then before they headed back to the car the witness stated that the two men on the ground were not even moving and then one of the men fired more shots into the victim as he was lying down on the ground. i guess he wanted to make sure that the two guys rs were really dead. >> he stated that it was a man in his early 20s and he was very popular in the area. we're still hoping to ta
. >> this is a dan westbound lane daly city. >> a developing story that we are following this morning. three homicides in oakland overnight. the first was a double shooting on the 800 block of mead ave in west oakland. that happened around 1 this morning. police are still on the scene investigating. at 230, a stabbing on the 5800 block of walnut street. >> this video was shot at 5:45 a.m.. i spoke with a witness and he stated that he looked out of his window and he sought to...
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Dec 28, 2012
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i think frankly was the best public editor, dan. he was pretty critical. i didn't all the agree with him and he had his kind of quirks like everybody else does and he couldn't stand klugman who i think is quiet good. and then gentle barney very rarely raised his voice so they liked him. and i was pretty -- kind of critical of him. he's a very nice man but didn't push them. then the next person was craig whoy thought was quite good. then they had author who didn't finish his term and didn't have much to say. but i think really what we need in the public editor frankly, and i have said this in print, not in the book, but they need kind of a somewhat trance gressive feistty public editor who calls them to account. for example, their financial reports, i've talked about that, are often semibog gus. they are on the mystic and were issuing reports that weren't true. if they issue reports ten years in a row that are overly optimistic somebody should call them on this. they just write stories about themselves. but i think we could have a little bit of a -- they sh
i think frankly was the best public editor, dan. he was pretty critical. i didn't all the agree with him and he had his kind of quirks like everybody else does and he couldn't stand klugman who i think is quiet good. and then gentle barney very rarely raised his voice so they liked him. and i was pretty -- kind of critical of him. he's a very nice man but didn't push them. then the next person was craig whoy thought was quite good. then they had author who didn't finish his term and didn't have...
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Dec 28, 2012
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dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the problem for dairy farmers. they don't want chaos in the milk market. it sounds good. gee, everybody will double or triple the price, but who's going to buy it? >> caller: nobody will buy it. >> nobody will buy it. >> reporter: shoppers couldn't understand why congress couldn't solve this problem. >> they all need to be fired. if they want to continue to eat, the bill needs to be passed. that's where we get our food, people. >> reporter: we called the department of agriculture, and they say they have no plan to avoid the scenario. in terms of a price increase, a spokesperson says they have no time for when or if there will happen. john blackstone, cbs news. >>> federal officials are trying to figure out how a jet got stuck in the med. it w
dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the problem for dairy farmers. they don't want chaos in the milk market. it sounds good. gee, everybody will double or...
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Dec 28, 2012
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for "good morning america," dan harris, abc news, new york. >> or you could take your dog to miami. >> i believe in the need for sunlight. i honestly do. there's a lot of odd things we do for our pets. but that one -- no. i may believe in that one. >>> let's get to the boards. let's start with this rainmaker today. snowmaker for the northeast on saturday. this is going to be heavy rain in the places that just, by the way, picked up severe thunderstorms. today, look for the rain and the possibility of storms to kick up from houston all the way towards atlanta. atlanta is 14 inches below normal in rainfall right now. this area is covered in drought, they need this rain. they just don't need the storms that come along with it. in the northwest and the west coast, northern california and central california, the next low to bring not only rain, maybe an inch of rain in some locations. but some colder air. >> good morning everyone. morningful start this with pink skies. at the sunrise peeking through the cloudiness. -- 36 degrees our temperature now. in weather advisory in effect. to the 4
for "good morning america," dan harris, abc news, new york. >> or you could take your dog to miami. >> i believe in the need for sunlight. i honestly do. there's a lot of odd things we do for our pets. but that one -- no. i may believe in that one. >>> let's get to the boards. let's start with this rainmaker today. snowmaker for the northeast on saturday. this is going to be heavy rain in the places that just, by the way, picked up severe thunderstorms. today,...
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Dec 28, 2012
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dan on the phone from massachusetts. caller: thank you for taking my call. i would like to know how many millionaires there are in this country versus the number of people who make $250,000 and less. i think that's where the argument can bw won e won. john boehner is making a calculation and i think that is a poor population. we should roll back the reagan tax cuts. tax cuts do not work. the bush tax cuts have been designed to be temporary. we have had no job growth due to the tax cuts. forbusinesses on the hook reinvesting their profits back into the businesses. thank you for taking my call. host: the story from "the washington times." host: other candidates that have been mentioned include the attorney general in massachusetts. he ran against scott brown and loss. congressman stephen lynch. name out of contention is ted kennedy, jr. he will not seek the seat. he was speculated to seek the seat of his late father. the decision to buck the dying inouye. senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior s
dan on the phone from massachusetts. caller: thank you for taking my call. i would like to know how many millionaires there are in this country versus the number of people who make $250,000 and less. i think that's where the argument can bw won e won. john boehner is making a calculation and i think that is a poor population. we should roll back the reagan tax cuts. tax cuts do not work. the bush tax cuts have been designed to be temporary. we have had no job growth due to the tax cuts....
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dan from augusta, georgia, says let's go over the cliff. reduce the debt ceiling and curb spending. kind of what you were saying. we will officially feel a punch, but the value of the dollar will eventually rebound. what we now make, even if a little less, will be worth so much more. >> juliet: we have a tweet from julie. why can't the government run the country the way i run my household? i pay my bills on time and i have a budget. that's a tweet. >> eric: stop being dems and republicans, citizens of one country. that's a fantastically accurate treat. it's both sides pointing the finger. kind of laughing, going back to the districts, they're all making their 175 grand a year, they're spending 124 days on vacation. the cadillac insurance policy. >> juliet: let's go to other headlines. russian president putin is trying to make a political point at the expense of orphans. just a short time ago, putin signed a bill that bans americans from adopting russian children. it's retaliation for a u.s. law cracking down on russian human rights violators here in the united states. one american f
dan from augusta, georgia, says let's go over the cliff. reduce the debt ceiling and curb spending. kind of what you were saying. we will officially feel a punch, but the value of the dollar will eventually rebound. what we now make, even if a little less, will be worth so much more. >> juliet: we have a tweet from julie. why can't the government run the country the way i run my household? i pay my bills on time and i have a budget. that's a tweet. >> eric: stop being dems and...
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Dec 28, 2012
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. >> reporter: dan jones is spending the day after christmas continuing to give. a brand-new coat and a warm lunch to a homeless man. we will call him jed. >> i really appreciate this. i really do. it's a god send. >> reporter: it came from one little idea dan had on december 2nd. he wanted to give someone and their family a christmas gift. free tickets to the oakland zoo. he put a message in a bottle, with a note to whoever found it to text him. >> i put it in the creek. >> reporter: the bottle traveled a few miles. eventually landing in this creek behind sports authority on concord avenue. jay was back here looking for recycling bottles to trade for money. he said he never found such a valuable bottle. >> it has a note in it. and it says -- >> reporter: you still have it? >> i carry it. i asked instead of the tickets, if i could get some food. >> reporter: dan and his friends have given more than just food. new shoes, warm clothes. christmas party leftovers. they even secured a bicycle for jay. but someone stole it christmas night. >> a lot of this story breaks
. >> reporter: dan jones is spending the day after christmas continuing to give. a brand-new coat and a warm lunch to a homeless man. we will call him jed. >> i really appreciate this. i really do. it's a god send. >> reporter: it came from one little idea dan had on december 2nd. he wanted to give someone and their family a christmas gift. free tickets to the oakland zoo. he put a message in a bottle, with a note to whoever found it to text him. >> i put it in the...
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dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem for dairy farmers: they don't want chaos in the milk market. it sounds good-- "gee, everybody will double or triple the price"-- but how much milk would people buy at that price? >> reporter: nobody will pay it. >> nobody will pay it. >> reporter: shoppers for milk today couldn't understand why congress can't at least solve this problem. linda vella: >> they all need to be fired. and if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. >> reporter: we called the department of agriculture, and they say they have no backup plan to avoid this scenario. in terms of a price increase, a spo
dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem...
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dan kerman takes the story from there. >> the legal high is 36%, some are even add 400% because this is such an extraordinary amount of interest, they would never be able to even touch the principle. >> reporter: without admitting to any wrong going check 'n go.. will start to reimburse a refund. between $20.4000 $600 if they apply within the next three months he if you think you can apply? calloanrefund.org but you must file your claim within the next 390 days. >> the antioch city park could look like this. the next--90 days--you must submit your requests at calloanrefund.orgnext at 5. shots" kron4news he was 78. >> the antioch city park may look like this now, but soon it will be getting a facelift. arsonists set the toddler section of the park on fire back in september, and since then, the group take-back-antioch set out to raise money to rebuild it. the estimated cost is 250- thousand and they had to come up with the 10-percent deductible. they met their goal in 3 months. the community raised 85-hundred frazer donated 2-thousand, and p-g&e threw in 14- thousand 5-hundred. the par
dan kerman takes the story from there. >> the legal high is 36%, some are even add 400% because this is such an extraordinary amount of interest, they would never be able to even touch the principle. >> reporter: without admitting to any wrong going check 'n go.. will start to reimburse a refund. between $20.4000 $600 if they apply within the next three months he if you think you can apply? calloanrefund.org but you must file your claim within the next 390 days. >> the antioch...
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Dec 27, 2012
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FOXNEWSW
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dan goes head hunting here -- canada goes head hunting in the u.s.. if we do go over the fiscal cliff get ready to pay more for something that you probably buy by the gallon. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ >> doug: nearly 15,000 union dock work eithers from massachusetts to texas are planning a strike primarily over container royalties. federal mediators are trying to avoid the outcome but the talks broke down last week. two days to find a deal before the strike. courtesy of a truman era law involving milk. dominic di-natale on the cliff that isn't getting much attention but should. >> cow option the cliff. or at least the milk. based on the fiscal cliff as a deadline is approaching. milk cliff. part of the stalled farm bill with 35 billion in cuts. if the by doesn't make it through congress, they will be forced to boy quantity of milk under a t
dan goes head hunting here -- canada goes head hunting in the u.s.. if we do go over the fiscal cliff get ready to pay more for something that you probably buy by the gallon. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ >> doug: nearly 15,000 union dock work eithers from massachusetts to texas...
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Dec 27, 2012
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CNBC
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good for him. >> to me, he's like taylor swift, dan lions. i would never want to break up with him because he would probably annihilate you. >> how could this not be your favorite story of the day? >> it's a great story. juicy on all levels. >> what does it mean for the stock? >> yeah. >> it means nothing. >> maybe it doesn't mean anything for the stock. >> oh, boo-hoo. >> ultra regulate facebook at some point with the privacy stuff. maybe. >> maybe zucker berks goes a it, like the hatfields and mccoys. >> maybe we'll have more human decency. >> all right, jane, thank you. >> you got it. >> jane wells. >>> let's move to the next trade. the markets may be hanging off the fiscal cliff, causing investors to take cover until caller waters prepail. we want to know which stock you are betting on for high risk high reward in 2013. let's be clear, this is money that you're willing to lose. this is a lottery ticket play. this is, if you have to take a flyer on any stock in 2013, what would it be and we asked our traders, so, doc jay? >> scientific gam
good for him. >> to me, he's like taylor swift, dan lions. i would never want to break up with him because he would probably annihilate you. >> how could this not be your favorite story of the day? >> it's a great story. juicy on all levels. >> what does it mean for the stock? >> yeah. >> it means nothing. >> maybe it doesn't mean anything for the stock. >> oh, boo-hoo. >> ultra regulate facebook at some point with the privacy stuff. maybe....
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Dec 28, 2012
12/12
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CSPAN
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host: our first call for lawrence yun comes from dan in virginia beach, virginia. caller: i'm interested in this topic, especially being under water, but not terribly under water. some time ago, the president suggested that all the banks or lenders should forgive the difference between where the market is and what they borrowed. i thought, there's not one bank on earth that will do that. here's an idea. i pay $135 a month in my payment for private mortgage insurance. since i have had this home loan, it's over $6,000 that has gone through this private mortgage insurance. i thought, if the president wants to do something for me, why not get rid of that. that would lower my payment or increase my payment and that would be a better way to move the housing market forward. i am interested in any comment on that matter. guest: the first think most people would agree on is that market interest rates is 3.5%. to match up the market interest rate will save about $250 per month. a second part is the housing market recovery. we have seen two million people that have been under
host: our first call for lawrence yun comes from dan in virginia beach, virginia. caller: i'm interested in this topic, especially being under water, but not terribly under water. some time ago, the president suggested that all the banks or lenders should forgive the difference between where the market is and what they borrowed. i thought, there's not one bank on earth that will do that. here's an idea. i pay $135 a month in my payment for private mortgage insurance. since i have had this home...
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Dec 27, 2012
12/12
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CNBC
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let's bring in tim and dan greenhouse. dan, i guess you can do a victory lap on this. maybe it is a period victory. from day one you have said we are going to go over that cliff. >> this is certainly not a victory lap we wanted to take, but i like to say that our analysis was rooted in what i would call reality. and reality has played out sort of basically as we foresaw it. the problem now, of course, is the conversation turns to not whether or not you're going over the cliff, it appears that we are, but how long are we off of the cliff. that's where the real economic and stock market damage may arise. >> how bad do you think that reality is going to be, dan? >> that's a lot harder. i think absent a market shock to spur policy makers into action, it's hard to see where the urgency comes from. to the extent that the white house and treasury can delay federal withholding tables, the average taxpayer is not going to see anything meaningfully different in their paycheck other than a 2% payroll tax. there isn't going to be an immediate hit that would lead to the types of ca
let's bring in tim and dan greenhouse. dan, i guess you can do a victory lap on this. maybe it is a period victory. from day one you have said we are going to go over that cliff. >> this is certainly not a victory lap we wanted to take, but i like to say that our analysis was rooted in what i would call reality. and reality has played out sort of basically as we foresaw it. the problem now, of course, is the conversation turns to not whether or not you're going over the cliff, it appears...